Althea Cabinets Inc. manufactures goods on a job order basis. During the month of November, three jobs were started. (There was no work in process at the beginning of the month.) Jobs 401 and 402 were completed and sold for P14,500 and P 19,000, respectively, during the month; Job 403 was still in process at the end of November. The following data are taken from the job cost sheets for each job. Factory overhead charges include a total of P900 of indirect materials andP600 of indirect labor. One work in process control account is used. Jobs Completed Job 401 Job 402 Job 403 Direct materials P3,200 P3,800 P2,000 Direct labor 2,400 3,500 1,500 Factory 1,250 2,000 850 Prepare a journal entry to record each of the following: (12 points) a. Materials used b. Factory wages and salaries earned c. Factory Overhead transferred to Work in Process d. Jobs completed e. Jobs sold on account
